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Summerlin Company budgeted 4,900 pounds of material costing $6.00 per pound to produce 2,500 units. The company actually used 5,400 pounds that cost $6.10 per

Summerlin Company budgeted 4,900 pounds of material costing $6.00 per pound to produce 2,500 units. The company actually used 5,400 pounds that cost $6.10 per pound to produce 2,500 units. What is the direct materials price variance?

  • $3,540 unfavorable.

  • $3,050 unfavorable.

  • $3,000 unfavorable.

  • $490 unfavorable.

  • $540 unfavorable.

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